Business Context and Reporting Period
This Form 8-K Current Report was filed by Baker Hughes Company and Baker Hughes Holdings LLC on October 22, 2021. The filing addresses a corporate governance decision regarding the listing status of the company's securities.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The document is strictly procedural regarding the transfer of listing venues.
Material Changes
The Board of Directors determined to voluntarily withdraw the principal listing of the following securities from the New York Stock Exchange (NYSE) and transfer them to The Nasdaq Stock Market LLC (Nasdaq):
- Class A Common Stock, par value $0.0001 per share (Trading Symbol: BKR).
- 5.125% Senior Notes due 2040.
Trading on the NYSE is scheduled to end at market close on December 6, 2021, with trading commencing on Nasdaq at market open on December 7, 2021.
Guidance, Outlook, and Risks
The filing includes a press release (Exhibit 99.1) regarding the listing transfer. No financial guidance, management commentary on operational outlook, or discussion of specific risks or contingencies is provided within the text of this report.
Investor Verification Checklist
- Confirm the exact date trading ceases on the NYSE (December 6, 2021) and begins on Nasdaq (December 7, 2021).
- Verify that the trading symbol "BKR" remains applicable on the new exchange.
- Review the attached press release (Exhibit 99.1) for any additional details on the rationale for the transfer.
- Note that this filing does not provide updated financial statements or operational metrics.